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Benefits of online shopping essay
Advantages of online shopping
Benefits of online shopping essay
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Internet is used everywhere in today’s world. In US many people are making purchases online and beginning to take advantages of the online shopping at their fingertips and convenience. Online shopping has changed the way we shop in today’s world. Gone are those days when people had to wait in queue on special occasions. Today consumers can buy almost anything at any given point of time.
The article also provides a conclusion that shows that out of all three factors convenience and product type were the most influential when it comes to consumers making their purchases from online. The scholarly incites of this article are due to Kuan-Pin Chiang, Associate Professor of Marketing at Long Island University, and Ruby Roy Dholakia, Associate Professor of Marketing at University of Rhode Island. Between the two authors and all of their prior years of professional research, they were able to build an article that provided proof showed why the internet sales market is on a rise and why it should be expected to grow with time. This article will be used to emphasize how factors of convenience, product type and product pricing are helping to change the way consumers receive their desired purchases, and depict if the consumer chooses to shop online or buy in
Shopping is an integral part of our life style without which we cannot think off. Shopping can be done both online & offline. Online shopping is more preferred by the buyers because it is easy & hassle free to do & saves a lot of time which can be utilized in some other activity because time is money which is becoming rarer in the hands of people day by day. Offline shopping mode was used by the shoppers before coming of internet when people used to go to the shopping malls & market places to buy various essential & luxury items for their use. Every day we have to buy a lot of products for our daily use like food & grocery,
• SWOT Analysis - External Focus Opportunites - Increase online sale, Customized Jewelry Line With an estimated e-commerce growth of 25% per year, going online is becoming essential for a company. Consumers ' traditional perception of buying products/services changed. They are now looking for convenience and they want to be able to compare product easily. Tiffany, through its well-developped website www.tiffany.com, took advantage of this opportunity to offer a large selection of products.
The term Internet has evolved into many meanings since its birth and has become an essential tool as a distribution method. The users being consumers and makers are aware of all situations and give them a headed advantage and an increased competition scenario. The development of e-commerce from mere advertisements to websites and applications on mobile has seen a new tail in making, tossing the old school methods for a leap. This also requires understanding of how the consumers of the targeted market approach this new technology over the traditional approach.
The use of IT has changed how individuals live their life and go through their day. Firstly, with the development of Online shopping, people are refraining from going to local shops and instead shopping online for their goods. This comes with many advantages as well as disadvantages, In terms of advantages online shopping helps reduce traffic congestion
Online shopping has become more and more popular over the years, and studies show that it will only get bigger as time goes on. Online shopping is popular because one doesn’t have to leave home to buy it, it’s fast and easy, and products get shipped to the front door. Another big marketing tool used on the internet is the stock market. Online stock marketing makes begin apart of the stock market much easier and efficient. Online banking is another reason why marketing on the internet is so cool.
E-commerce (electronic commerce or EC) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. The terms e-commerce and e-business are often used interchangeably. The term e-tail is also sometimes used. Or what we know and familiar with as online shopping.
It has a big impact on the sales and growth of e-commerce. Since the need of the customer for the information and specification of the product that they need can easily be access thru internet, shoppers will have different choices what product to buy. Because of this e-resources, they will also have the choice what online shop will they trust. In addition, an owner of online shop should also consider the design of the website to persuade their customer.
The most valuable reason for the popularity of online shopping among the people is its high convenience. First of all, online shopping allows the customers to buy products at any time that is convenient for them. While traditional brick-and-mortar selling businesses tend to work during specific time periods, online shopping is accessible at any time. An immense benefit of online shopping is that it is available 24/7. As a result, the customers do not need to think that they will not manage to buy something since the shop is already closed.
Since the beginning of the 1990’s, e-commerce has radically changed consumer behaviour by introducing new retail channels (Ngai and Gunasekaran, 2007). Serious attempts to trade online started to emerge in the mid-1990s wheninnovative, technically savvy companies responded to the opportunities and challenges posed by the internet, to develop sophisticated web sites to serve customers, in their homes (Rayport and Sviokla, 1994). The present retail environment is characterised by new, store and non- store, retailing formats, a wide range of new products, use of new information and communication technologies and consequently, the changing customer needs. Moreover, the dynamic lifestyle conditions of consumers has resulted a change in their personal environment that contributes to a profound change in customer behaviour (Schröder and Zaharia, 2008). Retailing in the 21st century means doing business with customers on their terms (Mathwicket al., 2002).
We all know that shopping at stores requires us to go to mall or department stores in buying supplies and spend our money. Now we live in the age of internet and buying things can now be done by clicking a mouse. Because of the numerous benefits of shopping online more and more people these days prefer online shopping over conventional shopping. But which one gives us the best benefits? Our discussion centered on three differences between shopping at stores and shopping online.
More and more people these days prefer online shopping than shopping in malls because of so many advantages and benefits. People from all over the world have accepted online shopping sites because of the convenience provided like from shopping in their pyjamas to convenience for elderly and disabled. Not only this, online shopping sites also provides a wider choice of products, avoiding upselling or impulse buying, better prices, good for the environment, and
In his book, “Amusing Ourselves to Death”, Neil Postman analyzes the change of mediums from a Typographic Age to a Telegraphic Age; but because technology has advanced since the 1980s, it does not address every new medium and its effects. One recent medium that dominates the internet is online shopping. With seventy nine percent of Americans making online purchases (Weller), it is quickly becoming a new tool for everyday life. This medium attracts every aspect of buying, from office supplies to dog treats. The demand for online shopping stores is increasing rapidly year by year.
Now today’s the trend of online shopping is growing up very fast. Users have now the facility of shop everything what they want without going outside to stores and super markets. 2. Benefits for Students Studies You are a student and you miss the lecture.